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Posts tagged ‘GDP’

Vultures, a Ship, and RUFO: The Weird Tale of Argentina’s Latest Default



Last week, Argentina fell in default…again. Argentina last failed to make payments on its sovereign debt obligations in 2001, to the tune of $80 billion. Market reaction outside of Argentina to the most recent stumble was generally muted.  The U.S. stock market was down last week, but mostly…

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Everything You Need on July Jobs in 3 Quick Minutes (Video)



July’s jobs report from the U.S. Bureau of Labor Statistics showed another month of solid gains. That comes on top of better GDP numbers earlier in the week. Here’s my reaction to last week’s numbers:  Follow Principal Global Investors on LinkedIn…

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